Philippines Economy & Philippines Markets Data analytics

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MacroVar monitors real-time economic, financial and geopolitical developments for the Philippines economy and Philippines markets by analyzing financial, economic data and real-time news using statistical models. To help you forecast and analyze economic and financial developments, our team provides you with explanations of the theory and structure of our models and access to financial and economic data.

Philippines Overview

 
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Philippines Overview presents the current trends and dynamics of the major Philippines financial markets and economic indicators. Select Details to get more information for each indicator, use Factors to monitor current statistical analysis of financial & economic factors affecting the specific asset, and select research to read the latest MacroVar research for the specific asset/indicator.


SymbolPrice1D%MoM%YoY%MTBFactorsResearchDetails
PSI CompositePSI6588.171.520.031.18
FactorLastSignalImportanceLast SignalLogic
Momentum100.0High2024-07-11 16:56:41MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend0.0High2024-07-11 16:56:41MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble Risk0.0High2023-11-03 16:47:03MacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Philippines PMI vs StocksPremium Factors are available to premium users only. Upgrade your account.MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
Research is available only to premium users. Upgrade your account.
Description
Philippines 2-year bond yieldPH.2Y6.02-0.82-0.03-4.06
FactorLastSignalImportanceLast SignalLogic
MomentumHighMacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend-75.0High2024-07-11 16:56:41MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble RiskHighMacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Research is available only to premium users. Upgrade your account.
Description
Philippines 10-Year Bond YieldPH.10Y6.310-0.07-0.24
FactorLastSignalImportanceLast SignalLogic
Momentum50.0High2024-06-21 15:43:57MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend0.0High2024-07-04 19:10:17MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble RiskHighMacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Philippines PMI vs 10YPremium Factors are available to premium users only. Upgrade your account.MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
Research is available only to premium users. Upgrade your account.
Description
Philippine peso US Dollar (PHP/USD)PHPUSD 58.29-0.02-0.016.97
FactorLastSignalImportanceLast SignalLogic
Momentum-100.0High2024-07-10 11:04:02MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend75.0High2024-07-11 16:56:41MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble RiskHighMacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Philippines 10Y vs FXPremium Factors are available to premium users only. Upgrade your account.MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
Philippines 2Y vs FXPremium Factors are available to premium users only. Upgrade your account.MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
Philippines PMI vs FXPremium Factors are available to premium users only. Upgrade your account.MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
Research is available only to premium users. Upgrade your account.
Description
Manufacturing PMIph.manpmi51.30-11
FactorLastSignalImportanceLast SignalLogic
MomentumUpHigh2024-07-11 09:32:08Momentum of a macroeconomic indicator is monitored by calculating its long-term year over year (Y/Y) return and its short-term month on month (M/M), quarter over quarter (Q/Q) returns.Learn More about MacroVar Momentum Macro Trends
TrendDownHigh2024-07-11 09:32:08A macroeconomic indicator is in an uptrend when last value is higher than its twelve month moving average and its twelve month moving average slope is positive (last twelve month moving average is higher than the previous month’s twelve month moving average). MacroVar calculates the number of months the current value has recorded highs or lows. Trend change is assumed when a specific indicator has recorded a 3-month high / low or more.MacroVar Momentum Macro Trends
Research is available only to premium users. Upgrade your account.
Description
SymbolPrice1D%MoM%YoY%MTBFactorsResearchDetails
PSI CompositePSI6588.171.520.031.18
FactorLastSignalImportanceLast SignalLogic
Momentum100.0High2024-07-11 16:56:41MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend0.0High2024-07-11 16:56:41MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble Risk0.0High2023-11-03 16:47:03MacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Philippines PMI vs StocksPremium Factors are available to premium users only. Upgrade your account.MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
Research is available only to premium users. Upgrade your account.
Description
Philippines ETFEPHE24.80.120.01-2.9
FactorLastSignalImportanceLast SignalLogic
Philippines PMI vs ETFPremium Factors are available to premium users only. Upgrade your account.
Momentum50.0High2024-07-04 19:10:17MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend-75.0High2024-07-04 19:10:17MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble Risk0.0High2023-11-03 16:47:03MacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Research is available only to premium users. Upgrade your account.
Description
Philippines 2-year bond yieldPH.2Y6.02-0.82-0.03-4.06
FactorLastSignalImportanceLast SignalLogic
MomentumHighMacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend-75.0High2024-07-11 16:56:41MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble RiskHighMacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Research is available only to premium users. Upgrade your account.
Description
Philippines 10-Year Bond YieldPH.10Y6.310-0.07-0.24
FactorLastSignalImportanceLast SignalLogic
Momentum50.0High2024-06-21 15:43:57MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend0.0High2024-07-04 19:10:17MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble RiskHighMacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Philippines PMI vs 10YPremium Factors are available to premium users only. Upgrade your account.MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
Research is available only to premium users. Upgrade your account.
Description
Philippines Yield CurvePH.YC0.2921.1-0.44-395.88
FactorLastSignalImportanceLast SignalLogic
Research is available only to premium users. Upgrade your account.
Description
Philippine peso US Dollar (PHP/USD)PHPUSD 58.29-0.02-0.016.97
FactorLastSignalImportanceLast SignalLogic
Momentum-100.0High2024-07-10 11:04:02MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend75.0High2024-07-11 16:56:41MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble RiskHighMacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Philippines 10Y vs FXPremium Factors are available to premium users only. Upgrade your account.MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
Philippines 2Y vs FXPremium Factors are available to premium users only. Upgrade your account.MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
Philippines PMI vs FXPremium Factors are available to premium users only. Upgrade your account.MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
Research is available only to premium users. Upgrade your account.
Description
Philippines Credit Default SwapsCDS.Philippines630.8-0.06-18.18
FactorLastSignalImportanceLast SignalLogic
Z-scoresPremium Factors are available to premium users only. Upgrade your account.MacroVar CDS and Volatilites are analyzed by calculating the 1-year and 5-year z-scores. Extreme values of absolute z-scores (greater than 2) indicate elevated credit risk conditions and vice-versa.Learn More about MacroVar Risk Management model
Research is available only to premium users. Upgrade your account.
Description
SymbolPrice1D%MoM%YoY%MTBFactorsResearchDetails
Manufacturing PMIph.manpmi51.30-11
FactorLastSignalImportanceLast SignalLogic
MomentumUpHigh2024-07-11 09:32:08Momentum of a macroeconomic indicator is monitored by calculating its long-term year over year (Y/Y) return and its short-term month on month (M/M), quarter over quarter (Q/Q) returns.Learn More about MacroVar Momentum Macro Trends
TrendDownHigh2024-07-11 09:32:08A macroeconomic indicator is in an uptrend when last value is higher than its twelve month moving average and its twelve month moving average slope is positive (last twelve month moving average is higher than the previous month’s twelve month moving average). MacroVar calculates the number of months the current value has recorded highs or lows. Trend change is assumed when a specific indicator has recorded a 3-month high / low or more.MacroVar Momentum Macro Trends
Research is available only to premium users. Upgrade your account.
Description
GDP Growth (annual)ph.gdpgrowthan5.704-246
FactorLastSignalImportanceLast SignalLogic
MomentumDownHigh2024-07-11 09:32:08Momentum of a macroeconomic indicator is monitored by calculating its long-term year over year (Y/Y) return and its short-term month on month (M/M), quarter over quarter (Q/Q) returns.Learn More about MacroVar Momentum Macro Trends
TrendDownHigh2024-07-11 09:32:08A macroeconomic indicator is in an uptrend when last value is higher than its twelve month moving average and its twelve month moving average slope is positive (last twelve month moving average is higher than the previous month’s twelve month moving average). MacroVar calculates the number of months the current value has recorded highs or lows. Trend change is assumed when a specific indicator has recorded a 3-month high / low or more.MacroVar Momentum Macro Trends
Research is available only to premium users. Upgrade your account.
Description
Inflation CPIph.inflationcpi3.70-5-31
FactorLastSignalImportanceLast SignalLogic
MomentumDownMedium2024-07-11 09:32:08Momentum of a macroeconomic indicator is monitored by calculating its long-term year over year (Y/Y) return and its short-term month on month (M/M), quarter over quarter (Q/Q) returns.Learn More about MacroVar Momentum Macro Trends
TrendDownMedium2024-07-11 09:32:08A macroeconomic indicator is in an uptrend when last value is higher than its twelve month moving average and its twelve month moving average slope is positive (last twelve month moving average is higher than the previous month’s twelve month moving average). MacroVar calculates the number of months the current value has recorded highs or lows. Trend change is assumed when a specific indicator has recorded a 3-month high / low or more.MacroVar Momentum Macro Trends
Research is available only to premium users. Upgrade your account.
Description
Unemployment rateph.unemploymentrate4.102-9
FactorLastSignalImportanceLast SignalLogic
MomentumDownMedium2024-07-11 09:32:08Momentum of a macroeconomic indicator is monitored by calculating its long-term year over year (Y/Y) return and its short-term month on month (M/M), quarter over quarter (Q/Q) returns.Learn More about MacroVar Momentum Macro Trends
TrendUpMedium2024-07-11 09:32:08A macroeconomic indicator is in an uptrend when last value is higher than its twelve month moving average and its twelve month moving average slope is positive (last twelve month moving average is higher than the previous month’s twelve month moving average). MacroVar calculates the number of months the current value has recorded highs or lows. Trend change is assumed when a specific indicator has recorded a 3-month high / low or more.MacroVar Momentum Macro Trends
Research is available only to premium users. Upgrade your account.
Description
SymbolPrice1D%MoM%YoY%MTBFactorsResearchDetails
PSI CompositePSI6588.171.520.031.18
FactorLastSignalImportanceLast SignalLogic
Momentum100.0High2024-07-11 16:56:41MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend0.0High2024-07-11 16:56:41MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble Risk0.0High2023-11-03 16:47:03MacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Philippines PMI vs StocksPremium Factors are available to premium users only. Upgrade your account.MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
Research is available only to premium users. Upgrade your account.
Description
Philippines 2-year bond yieldPH.2Y6.02-0.82-0.03-4.06
FactorLastSignalImportanceLast SignalLogic
MomentumHighMacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend-75.0High2024-07-11 16:56:41MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble RiskHighMacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Research is available only to premium users. Upgrade your account.
Description
Philippines 10-Year Bond YieldPH.10Y6.310-0.07-0.24
FactorLastSignalImportanceLast SignalLogic
Momentum50.0High2024-06-21 15:43:57MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend0.0High2024-07-04 19:10:17MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble RiskHighMacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Philippines PMI vs 10YPremium Factors are available to premium users only. Upgrade your account.MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
Research is available only to premium users. Upgrade your account.
Description
Philippine peso US Dollar (PHP/USD)PHPUSD 58.29-0.02-0.016.97
FactorLastSignalImportanceLast SignalLogic
Momentum-100.0High2024-07-10 11:04:02MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend75.0High2024-07-11 16:56:41MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble RiskHighMacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Philippines 10Y vs FXPremium Factors are available to premium users only. Upgrade your account.MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
Philippines 2Y vs FXPremium Factors are available to premium users only. Upgrade your account.MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
Philippines PMI vs FXPremium Factors are available to premium users only. Upgrade your account.MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
Research is available only to premium users. Upgrade your account.
Description
Philippines Credit Default SwapsCDS.Philippines630.8-0.06-18.18
FactorLastSignalImportanceLast SignalLogic
Z-scoresPremium Factors are available to premium users only. Upgrade your account.MacroVar CDS and Volatilites are analyzed by calculating the 1-year and 5-year z-scores. Extreme values of absolute z-scores (greater than 2) indicate elevated credit risk conditions and vice-versa.Learn More about MacroVar Risk Management model
Research is available only to premium users. Upgrade your account.
Description

Philippines Economic Overview

  
Image 1

Philippines economic overview presents a snapshot of Philippines current economic conditions. You can find details for the Philippines economy subsections by exploring the sections below.


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlope
Manufacturing PMIph.manpmi51.351.9-11DownUP

Philippines Manufacturing

  
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MacroVar tracks hundreds of indicators related to Philippines manufacturing. Our focus is on the most important leading indicators based on the ISM report and related indicators. The ISM report is the most important report reflecting the real demand of goods in the Philippines economy.


1IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlope
Manufacturing PMIph.manpmi51.351.9-11DownUP
industrial productionph.indproduction2.25.7-61-73DownDown

Philippines consumer sentiment

  
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Consumer spending makes up 67% of the U.S. Economy. MacroVar monitors direct consumer reports like the University of Michigan Consumer Sentiment Index and indirect macroeconomic indicators related to Philippines employment and Philippines consumer activity (building permits).


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlope
consumer confidenceph.consconfidence-20.5-10.9s88-34DownUP
unemployment rateph.unemploymentrate4.14s2-9UPDown
retail sales MoMph.retailsales0.30.3s0200UPUP
building permitsph.buildingpermits13332.013529s-1-65DownDown

Philippines Construction

  
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The Philippines construction sector is a significant component of the Philippines economy. MacroVar monitors leading indicators of construction activity like building permits and new home sales.


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlope
building permitsph.buildingpermits13332.013529-1-65DownDown

Philippines Macroeconomic outlook

  
Philippines Macroeconomic outlook presents an overview of the long-term fundamental coincident factors of the Philippines economy. Components monitored are the country's rserves, debt, Monetary Policy and Fiscal Policy. Explore Philippines macroeconomic model in detail.


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlope
gdpph.gdp437.15404.28887UPUP
Real GDPph.realgdp5189658.35884510-1222UPUP
gdp growth annualph.gdpgrowthan5.75.54-246DownUP
gdp growthph.gdpgrowth1.31.8-28-38DownDown
inflation cpiph.inflationcpi3.73.9-5-31DownDown
interest rateph.interestrate6.56.504UPUP
unemployment rateph.unemploymentrate4.142-9UPDown
external debtph.externaldebt125393.691112681366UPUP
government debt to gdpph.govdebtgdp60.160.9-118UPUP
current accountph.currentaccount-368.38-5.66478-83UPUP
current account to gdpph.currentaccountgdp-1.3-4.4-70-142DownDown
exportsph.exports6130084.8659058504-6DownDown
importsph.imports109298819.36110170000-1901UPUP
foreign exchange reservesph.fxreserves104700.9105016-05UPUP
gold reservesph.goldres159.05164.77-3-3UPDown
government revenuesph.govrev382089.0537196-2915UPUP
fiscal expenditureph.fiscalexp557000.04944681322UPUP

Philippines Inflation

  
Image 1

MacroVar monitors major inflation indexes and subcompoonents based on Bureau of Labour Statistics monthly report.


IndicatorSymbolActualPreviousM/M%Y/Y%Trend
inflation cpiph.inflationcpi3.73.9-5-31
core inflation rateph.coreinflationrate3.13.10-58
Produce Prices YoYph.producerpricesch-0.8-0.633-214

Philippines Employment

  
MacroVar monitors leading indicators (ISM/NMI employment activity), coincident (Initial & Continuing jobless claims) and lagging indicators of Philippines employment. Philippines employment is one of the major factors affecting Philippines monetary policy.


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlope
unemployment rateph.unemploymentrate4.142-9UPDown

Philippines Monetary Policy

  
Philippines Monetary policy is monitored by tracking the most important indicators related to the Fed's balance sheet and interest rates.


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlope
interest rateph.interestrate6.56.504UPUP
central bank balance sheetph.cb.assets7563.667489.4414UPUP
banks balance sheetph.banks.bs1081.21102.9-2-3DownDown
money supply m1ph.msm16868317.0677947017UPUP
money supply m2ph.msm216998815.01680500017UPUP
government debt to gdpph.govdebtgdp60.160.9-118UPUP
loans to private sectorph.loanprivate10297883.01021210018UPUP
Philippines Credit Rating (S&P)RATING.S&P.PH
Philippines Credit Rating (Moody's)RATING.MOODYS.PH
Philippines Credit Rating (Fitch)RATING.FITCH.PH

Philippines Fiscal Policy

  
Philippines Fiscal policy is monitored by tracking the most important indicators related to the Treasury's decisions on government spending, revenues and budget surplus/deficit.


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlope
government revenuesph.govrev382089.0537196-2915UPUP
fiscal expenditureph.fiscalexp557000.04944681322UPUP
government budgetph.govbudget-6.2-7.3-15210DownDown
Government budgetph.govbudgetvalue-174911.042700-510-22DownUP
government debt to gdpph.govdebtgdp60.160.9-118UPUP

Philippines Trade

  
Philippines trade activity is monitored by tracking Trade and Capital flows.


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlope
current accountph.currentaccount-368.38-5.66478-83UPUP
current account to gdpph.currentaccountgdp-1.3-4.4-70-142DownDown
balance of tradeph.balanceoftrade-4601000.0-4730000-35DownDown
importsph.imports109298819.36110170000-1901UPUP
exportsph.exports6130084.8659058504-6DownDown
capital flowsph.capitalflows5.655.3260DownUP
foreign direct investmentph.fdi556.0686-19-37DownDown
external debtph.externaldebt125393.691112681366UPUP
foreign exchange reservesph.fxreserves104700.9105016-05UPUP
gold reservesph.goldres159.05164.77-3-3UPDown